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$175,800

#116 2098 Blackmud Creek Dr SW

Blackmud Creek, Edmonton · MLS® E4508850

883 sq ft · Condo · Single Family · built 2004 · 39 days on market

listed by Art Kominek, CIR Realty

realtor's description

Welcome to The Tradition at Southbrook in Blackmud Creek! This stylish, move-in ready condo offers modern, low-maintenance living with a fantastic ground-floor location that faces the corner greenspace with trees. The open-concept kitchen features maple cabinetry, granite counters, mosaic backsplash, updated stainless steel appliances and plenty of workspace. NEW laminate flooring flows into the comfortable living room with gas fireplace and direct access to your west-facing patio. The spacious bedroom features a walk-in closet with custom California Closet organizers, plus an extra-large in-suite laundry/storage room with additional custom shelving. Heated underground parking includes your own storage cage. Enjoy no elevator waits and easy everyday access! Building amenities include an exercise room, theatre, social/games room and guest suite. Pet-friendly and close to parks, Blackmud Creek Ravine trails, shopping, Anthony Henday, Calgary Trail and YEG Airport.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 883 sq ft
parking: 0
year built: 2004
strata fee: $496 / mo ($0.56 / sq ft)
days on market: 39
MLS®: E4508850

features

Park/reserve
No Smoking Home
Washer
Refrigerator
Dishwasher
Stove

monthly cost

$1,262/mo

Mortgage $766 · Strata $496

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment

$766/ monthly

loan $140,640

25-year amortization

down payment20% · $35,16020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $89,143
land title fees: $425; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $35,585; down + land title fees
total paid: $229,783

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,300/mo
after all costs: −$101/mo
cap rate: 4.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $766 · strata $496 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) raised by what new tenants pay against everyone in the Edmonton area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

location

Blackmud Creek, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Roberta MacAdamshomes in this catchment
24551.0 km away · 2099 Blackmud Creek Drive SW, Edmonton · (587) 489-4700 · website
Middle Gr 7-9 D S MacKenziehomes in this catchment
24554.2 km away · 4020 - 106 Street NW, Edmonton · (780) 438-9103 · website
Secondary Gr 10-12 Dr Anne Andersonhomes in this catchment
2.7 km away · 11810 35 Avenue SW, Edmonton

From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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